---
title: "Huatai Securities: Focus on thematic investment and prosperity strategies, with a priority on policy direction for themes"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277542719.md"
description: "Huatai Securities research report points out that the spring rally is an important calendar effect in the A-share market, and the market is paying attention to whether this year's pattern is stable. Despite ample liquidity, the visibility of risk premium breakthroughs has decreased, suggesting the need to explore structural opportunities. In terms of style, funds may shift from technology to cyclical sectors, and attention should be paid to liquidity turning points and the recovery trend of large-cap value stocks. It is recommended to focus on thematic investments and prosperity strategies, with particular attention to policy direction and fields such as communication equipment, small metals, and rare metals"
datetime: "2026-03-03T01:17:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277542719.md)
  - [en](https://longbridge.com/en/news/277542719.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277542719.md)
---

# Huatai Securities: Focus on thematic investment and prosperity strategies, with a priority on policy direction for themes

36Kr learned that Huatai Securities' research report indicates that the spring rally is one of the more certain calendar effects in the A-share market. This year's spring rally shows significant preemptive characteristics, and the market is concerned about whether this year's patterns will remain stable. We believe that the underlying logic of this year's calendar effect may still be valid, but it may differ from previous years: 1) The high trading volume after the holiday indicates that the foundation of ample liquidity remains, but the visibility for further risk premium breakthroughs is reduced. The upward slope of the market may slow compared to previous years, increasing the necessity to explore structural opportunities; 2) In terms of style, the question of whether the shift of funds from technology to cyclical sectors after the holiday is premature arises. We believe that the transition from small-cap to large-cap stocks still requires a turning point in remaining liquidity, a recovery trend in large-cap value stocks, and coordination of funds, with the observation window likely in March-April. In terms of allocation, we recommend focusing on thematic investments and prosperity strategies, prioritizing themes that align with policy directions, and paying attention to sectors such as communication equipment, small metals, rare metals, batteries, and building materials

## Related News & Research

- [Busy Spring Ahead: Zefiro Subsidiary Confirms Extensive Lineup of Projects to be Done Throughout April, May, and June | ZEFIF Stock News](https://longbridge.com/en/news/283057396.md)
- [Tractor Supply Digs Into Spring With Demo Days and Yard & Garden Days | TSCO Stock News](https://longbridge.com/en/news/282584188.md)
- [Strathmore Continues to Advance Agate Project with Spring Drilling Program | SUUFF Stock News](https://longbridge.com/en/news/282659878.md)
- [Realtor.com® Survey Finds Sellers Are Optimistic Heading Into the 2026 Spring Market | NWS Stock News](https://longbridge.com/en/news/282667768.md)
- [07:01 ETSTOKE Shoes Drops SS26 Summer Lineup Built for Heat, Hustle, and Wide Feet](https://longbridge.com/en/news/282831104.md)